| Schedule of Equity |
The following table presents the changes in Columbia Sportswear Company shareholders' equity and non-controlling interest for the nine months ended September 30, 2015 (in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Columbia Sportswear Company |
|
Non-Controlling Interest |
|
Total |
Balance at December 31, 2014 |
|
$ |
1,343,603 |
|
|
$ |
11,631 |
|
|
$ |
1,355,234 |
|
Net income |
|
110,987 |
|
|
4,068 |
|
|
115,055 |
|
Other comprehensive income (loss), net of tax: |
|
|
|
|
|
|
Unrealized holding losses on available-for-sale securities |
|
(6 |
) |
|
— |
|
|
(6 |
) |
Derivative holding gains |
|
(4,947 |
) |
|
— |
|
|
(4,947 |
) |
Foreign currency translation adjustments |
|
(25,742 |
) |
|
(572 |
) |
|
(26,314 |
) |
Cash dividends ($0.45 per share) |
|
(31,667 |
) |
|
— |
|
|
(31,667 |
) |
Issuance of common stock under employee stock plans, net |
|
12,268 |
|
|
— |
|
|
12,268 |
|
Tax adjustment from stock plans |
|
7,695 |
|
|
— |
|
|
7,695 |
|
Stock-based compensation expense |
|
8,731 |
|
|
— |
|
|
8,731 |
|
Repurchase of common stock |
|
(14,525 |
) |
|
— |
|
|
(14,525 |
) |
Balance at September 30, 2015 |
|
$ |
1,406,397 |
|
|
$ |
15,127 |
|
|
$ |
1,421,524 |
|
The following table presents the changes in Columbia Sportswear Company shareholders' equity and non-controlling interest for the nine months ended September 30, 2014 (in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Columbia Sportswear Company |
|
Non-Controlling Interest |
|
Total |
Balance at December 31, 2013 |
|
$ |
1,245,418 |
|
|
$ |
7,446 |
|
|
$ |
1,252,864 |
|
Net income |
|
81,570 |
|
|
3,300 |
|
|
84,870 |
|
Other comprehensive income (loss), net of tax: |
|
|
|
|
|
|
Unrealized holding gains on available-for-sale securities |
|
4 |
|
|
— |
|
|
4 |
|
Derivative holding losses |
|
4,289 |
|
|
— |
|
|
4,289 |
|
Foreign currency translation adjustments |
|
(12,557 |
) |
|
(270 |
) |
|
(12,827 |
) |
Cash dividends ($0.42 per share) |
|
(29,369 |
) |
|
— |
|
|
(29,369 |
) |
Issuance of common stock under employee stock plans, net |
|
16,324 |
|
|
— |
|
|
16,324 |
|
Tax adjustment from stock plans |
|
4,201 |
|
|
— |
|
|
4,201 |
|
Stock-based compensation expense |
|
8,136 |
|
|
— |
|
|
8,136 |
|
Repurchase of common stock |
|
(1,957 |
) |
|
— |
|
|
(1,957 |
) |
Balance at September 30, 2014 |
|
$ |
1,316,059 |
|
|
$ |
10,476 |
|
|
$ |
1,326,535 |
|
|